Latest news with #MVR
Yahoo
03-06-2025
- Automotive
- Yahoo
Pinellas man blames error on state report for uptick in car insurance rates
TAMPA, Fla. (WFLA) — Steven Foley was stunned when he shopped for cheaper car insurance, only to discover why his rates were going up drastically. He found that an accident from August 2023 is showing up on his Motor Vehicle Report, known as an MVR, as an 'at fault' accident. In reality, he said the accident was declared at 'not at fault' by both the insurance company he had at the time and the Florida traffic crash report, filled out by law enforcement at the scene. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now In fact, records show the driver who hit Foley was cited for careless driving and driving without a valid driver's license. 'I called the Florida Highway Patrol, state trooper who did the accident and they said, 'No, we transferred it as not at fault.' But it's on my MVR report, and the insurance companies now cannot override it,' Foley said. 'So they want to increase my insurance over $800 more each six months. Apparently, someone must have hit 'at fault' when they transferred some paperwork but no one says they did it, so I'm stuck.' 2-year-old rescued from luggage system, X-ray machine before Tampa vacation Foley said he ran into roadblocks getting this fixed by either his insurance company or Florida Highway Patrol, so he called Better Call Behnken to get to the bottom of this. Consumer Investigator Shannon Behnken called both and this is being looked into to find out what went wrong. In the meantime, Tampa Bay drivers should take note. New data shows Florida ranks in the top three states where car insurance costs the most. In addition, data from online insurance agent Insurify predicts Florida rates will jump another 10 percent this year, while the national average is 5%. Part of what determines your risk is your accident history, as listed in your Motor Vehicle Report, maintained by the Florida Department of Highway Safety and Motor Vehicles. That's why is important to request a copy of your report and try to correct mistakes — just like Foley is. 'I want it off my record because it's going to be on there for years and increase my premium for years,' he said. If you want to a copy of your own Motor Vehicle Report to check its accuracy, you can request one through the Florida Department of Highway Safety and Motor Vehicles. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Indian Express
26-05-2025
- Business
- Indian Express
Mohali firm SPRAY's biomass to bioenergy pitch draws global interest
SPRAY Engineering Devices Limited (SEDL), a Mohali-based company, drew international attention at RegaTec 2025 in Weimar, Germany, with its presentation on biomass-based energy solutions and green chemicals. The event, held on May 20 and 21, spotlighted innovations in renewable energy, with SEDL positioning its Made-in-India technology as a viable alternative to fossil fuels. Vivek Verma, managing director of SEDL, presented the company's approach to leveraging Mechanical Vapour Recompression (MVR) systems for converting biomass into bioenergy and green chemicals. Titled Biomass to Bioenergy & Green Chemicals, the presentation proposed a shift away from biomass burning — long criticised for contributing to North India's air pollution crises — towards systems that support second-generation ethanol production and broader carbon reduction targets. Verma was joined by researchers Dr Kaleem Ahmad and Dr Malli, who shared technical insights during the session. The team outlined how MVR-based heat recycling could be applied in areas like jaggery production and water processing, with potential benefits for both rural industries and larger-scale biofuel initiatives. The technology, developed and manufactured in India, received strong interest from European and global stakeholders. Attendees included industry leaders, researchers, and policymakers exploring alternatives to the hydrocarbon value chain
Yahoo
19-05-2025
- Automotive
- Yahoo
Big Fleet Tactics Small Carriers Can Borrow
You don't have to manage a fleet of 3,000 trucks to start thinking like someone who does. In fact, some of the most innovative tactics enterprise carriers use aren't exclusive to the megacarriers. They have better systems, more data and the discipline to act on that data. Many of the advantages big fleets enjoy come from habits and perspectives that small carriers can adopt without massive investments or teams of analysts. As someone who started as a driver turned owner-operator, built a fleet, and later helped run and oversee enterprise operations, I've seen firsthand how the mindset shift is what separates survival from scalability. Enterprise carriers track everything, not because they enjoy paperwork, but because compliance failures, missed preventive maintenance intervals and expired medical cards lead to exposure, and exposure costs money. Whether you're a one-truck owner-operator or managing 20 power units, you need a system that tells you when your federal annual inspection is due, when a tire's warranty is up, or when your drivers last completed their MVR self-certs. Fleet tech and data-focused tools are your first line of defense against costly violations, downtime and audit failures. Smaller carriers often think, 'I'll just remember,' or 'I'll check it later.' Enterprise fleets don't leave it to chance; they build automated workflows and let systems remind them, track exceptions and log history. That mindset saves time, preserves records and protects revenue from preventable mistakes. Big fleets know that lag time kills claim outcomes. A crash reported and responded to within 30 minutes versus three hours can be the difference between a closed claim and a nuclear verdict. Motive's AI dashcams, for example, can alert fleet managers before the driver even picks up the phone, shaving precious time off your response and giving you control of the narrative before opposing counsel gets involved. Smaller fleets often delay, unsure of what to do or whom to call. That delay is deadly. Big fleets build post-incident workflows. They don't wait. They document, coach, investigate and prepare for litigation before it happens. Big fleets track vehicle utilization like airlines track planes. How much time is your asset sitting still versus earning? How long are your drivers dwelling at the shipper, and how does that time relate to on-time performance or revenue per mile? The best-run fleets know the value of every hour and every wheel turn. Smaller fleets often look only at a rate per mile but ignore how much time they spend sitting at a port or waiting to be loaded or unloaded. Motive and other fleet telematics providers give you tools to measure that in real time. When you start thinking about margin per minute, you see what enterprise fleets see: Time is your highest-cost variable. You'd be amazed at how many fleets fight tooth and nail over $250 a month for secure truck parking and then get sued into oblivion when a truck parked on an off-ramp gets broken into, struck or worse. Big fleets finance risk. They see paid, safe parking as a reduction in potential liability from both a security and compliance and enforcement perspective. When you start thinking like a risk manager and not just a driver, you realize the shortcut is seldom the cheapest option, and 'free' parking can be your most expensive decision. Risk has a cost, and enterprise carriers know that cheap is rarely cheap in the long run. Here's a big one: fuel fraud. Fuel cards like Motive's fuel card program offer competitive discounts and fraud insurance (up to $250,000 in protection) and flag suspicious activity. Do you think your driver can't pump 200 gallons into a 150-gallon tank three times a week while running 800 miles? Motive's AI will tell you otherwise. It'll even show you nearby cheaper alternatives and alert you when your driver pays 20 cents more at the TA when a Love's was across the street. Big fleets treat fuel as a controlled asset. They rely on telemetry, alerts and oversight. Pennies make dollars, and dollars make sense. Most small carriers don't have a safety department. Big fleets do, but they know it's not a revenue-generating function. It's a revenue preservation function. Think about that. Systems like Tenstreet, Driver iQ, Samba Safety and Checker help enterprise fleets ensure they're hiring safe, qualified, insurable drivers. Defensive driving programs from Luma Brighter Learning, Smith System and the National Safety Council are baked into onboarding. Small fleets assume these are 'too expensive' until a wrongful death claim makes them realize prevention is the cheapest path. A significant difference between small and large fleets is how you find and access freight. Small fleets chase boards. Big fleets build relationships. They know that direct shipper freight, negotiated contracts and longer-term rate stability allow you to plan capacity, build lanes and reduce uncertainty. The difference in mentality is night and day. Spot freight is survival, whereas contract freight is strategy. It's not just about price, it's about predictability, reputation and relationship leverage. Here's where it gets real: captive insurance groups. Some larger carriers have figured out that by banding together, they can form their own risk pool, essentially becoming part-owners of their insurance company. If they run clean and safe, they profit on underwriting surplus instead of just paying premiums into the wind. Can small fleets do this? Not alone. But by joining vetted groups or building toward the qualifications, you shift from price-taker to price-setter. That's how real businesses think about risk. You don't need 1,000 trucks to think like someone who does. You need data. Systems. Automated, consistent workflows and above all, a business-first mindset. If you're still saying, 'That's for the big guys,' you're already falling behind. Big fleets don't win because they're big. They're big because they win at the margins, over and over, by thinking smarter, acting faster and eliminating waste. You can borrow that playbook today. All it takes is the willingness to stop trucking like it's still 1998 and start building like it's 2030. After all, there is so much more to running a trucking business than turning a wheel. The post Big Fleet Tactics Small Carriers Can Borrow appeared first on FreightWaves.
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First Post
19-05-2025
- Business
- First Post
India inks 13 MoUs with Maldives under grant assistance, Male says ‘grateful for continued support'
India has signed 13 MoUs with the Maldives to enhance ferry services with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihood. read more India has signed 13 Memorandums of Understanding (MoUs) with the Maldives to enhance ferry services. (Photo: Daily Pioneer) India has signed 13 MoUs with the Maldives for enhancing ferry services in the island nation with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihoods. The MoUs signed on Sunday are for projects to be implemented under the Indian grant assistance scheme—High Impact Community Development Project (HICDP) Phase III. The signing ceremony took place at the Ministry of Foreign Affairs, marking another milestone in the ever-strengthening partnership between the two countries, the Maldives' Ministry of Foreign Affairs said in a statement. STORY CONTINUES BELOW THIS AD The 13 projects launched under this phase amount to a total grant of MVR 100 million (about Rs 55,28,47,552), primarily aimed at enhancing ferry services in the Maldives, expanding connectivity, and uplifting community livelihoods, it said. 'Forging ties with Community Development. On May 18, India and the Maldives signed 13 MoUs for enhancing ferry services in the Maldives with an MVR 100 mn grant under HICDP III. India is happy to partner with GoM in enhancing maritime connectivity, a lifeline for the people of the Maldives,' the High Commission of India in the Maldives posted on X. The MoUs were signed by Abdulla Khaleel, Minister of Foreign Affairs, on behalf of the Maldivian government, and G Balasubramanian, the High Commissioner of India to the Maldives. Mohamed Ameen, Minister of Transport and Civil Aviation, signed on behalf of the implementing agency. During the ceremony, Khaleel emphasised that India's assistance has always been meaningful, purposeful, and aligned with the needs of the Maldivian people, reflecting the enduring bond between the two countries. He highlighted that the projects launched are more than just infrastructural developments—they are lifelines to communities, designed to address local needs and bring lasting socio-economic benefits. STORY CONTINUES BELOW THIS AD He further expressed confidence that the successful implementation of these projects would pave the way for even greater cooperation and shared progress, underscoring the spirit of friendship that defines Maldives-India relations. 'Pleased to launch 13 new projects today under India's grant assistance for High Impact Community Development Project (HICDP) Phase III. These projects go beyond infrastructure. They are lifelines for communities, creating pathways to opportunities, solving local challenges, and supporting lasting socio-economic progress. I thank the Government and people of India for the generous support,' Khaleel posted on X. Ameen, speaking on the project, highlighted the rapid progress in establishing a nationwide high-speed ferry network, now connecting 81 islands across 9 atolls. He noted that the MoUs signed today with India will further expand these services, reinforcing the strong bilateral ties between the two countries. Although initially scheduled for completion in 2027, the project is now expected to be finalised by the end of this year. STORY CONTINUES BELOW THIS AD Both ministers expressed gratitude to the Government of India for its generous support, highlighting its transformative impact on Maldivian communities. The announcement of Phase III of the HICDP scheme was made during the state visit to India by President Mohamed Muizzu last October. 'This milestone supports President Dr @MMuizzu's vision to strengthen our national transport network by year-end. Grateful for India's continued support,' Ameen posted on X. (Except headline, this story has not been edited by Firstpost staff)
The Hindu
19-05-2025
- Business
- The Hindu
India, Maldives sign 13 MoUs to implement projects under Indian grant assistance
India has signed 13 MoUs with the Maldives for enhancing ferry services in the island nation with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihoods. The MoUs signed on Sunday (May 18, 2025) are for projects to be implemented under the Indian grant assistance scheme — High Impact Community Development Project (HICDP) Phase III. The signing ceremony took place at the Ministry of Foreign Affairs, marking another milestone in the ever-strengthening partnership between the two countries, the Maldives' Ministry of Foreign Affairs said in a statement. The 13 projects launched under this phase amount to a total grant of MVR 100 million (about ₹55,28,47,552), primarily aimed at enhancing ferry services in the Maldives, expanding connectivity, and uplifting community livelihoods, it said. "Forging ties with Community Development. On May 18, India and the Maldives signed 13 MoUs for enhancing ferry services in the Maldives with an MVR 100 mn grant under HICDP III. India is happy to partner with GoM in enhancing maritime connectivity, a lifeline for the people of the Maldives," the High Commission of India in the Maldives posted on X. The MoUs were signed by Abdulla Khaleel, Minister of Foreign Affairs, on behalf of the Maldivian government, and G Balasubramanian, the High Commissioner of India to the Maldives. Mohamed Ameen, Minister of Transport and Civil Aviation, signed on behalf of the implementing agency. During the ceremony, Mr. Khaleel emphasised that India's assistance has always been meaningful, purposeful, and aligned with the needs of the Maldivian people, reflecting the enduring bond between the two countries. He highlighted that the projects launched are more than just infrastructural developments — they are lifelines to communities, designed to address local needs and bring lasting socio-economic benefits. He further expressed confidence that the successful implementation of these projects would pave the way for even greater cooperation and shared progress, underscoring the spirit of friendship that defines Maldives-India relations. "Pleased to launch 13 new projects today under India's grant assistance for High Impact Community Development Project (HICDP) Phase III. These projects go beyond infrastructure. They are lifelines for communities, creating pathways to opportunities, solving local challenges, and supporting lasting socio-economic progress. I thank the Government and people of India for the generous support," Mr. Khaleel posted on X. Mr. Ameen, speaking on the project, highlighted the rapid progress in establishing a nationwide high-speed ferry network, now connecting 81 islands across 9 atolls. He noted that the MoUs signed today with India will further expand these services, reinforcing the strong bilateral ties between the two countries. Although initially scheduled for completion in 2027, the project is now expected to be finalised by the end of this year. Both ministers expressed gratitude to the Government of India for its generous support, highlighting its transformative impact on Maldivian communities. The announcement of Phase III of the HICDP scheme was made during the state visit to India by President Mohamed Muizzu last October. "This milestone supports President Dr @MMuizzu's vision to strengthen our national transport network by year-end. Grateful for India's continued support," Mr. Ameen posted on X.
